Ethena USDe (USDE) vs United Stables (U)
Learn how Ethena USDe and United Stables differ in their key features, market performance, and community adoption, so you can decide which cryptocurrency is best for your investment strategy.
$0.9994
#19
Ethena Labs is a decentralized finance (DeFi) protocol on Ethereum whose main product is USDe, a synthetic stablecoin backed by the US dollar. It aims to be a sort of "Internet bond" with a specific collateral mechanism secured by the cryptocurrencies stETH, WBETH, mETH, WETH, and USDT. Specifically, when a user deposits any of these cryptocurrencies, the protocol opens an equivalent "short" position to hedge against potential declines.
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#50
Key Metrics Comparison
Ethena USDeUSDE
Market Cap$4.931B
24h Volume$29.27M
Liquidity Ratio0.59%
24h Change-0.00%
7d Change+0.05%
Circulating Supply4,933,965,105.209
Max SupplyN/A
All-Time High$1
United StablesU
Market Cap$1.629B
24h Volume$166.66M
Liquidity Ratio10.23%
24h Change+0.01%
7d Change-0.00%
Circulating Supply1,629,644,834.63
Max SupplyN/A
All-Time High$1
Category Performance
Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.
Market Share
Share of combined market cap
USDE
75.2%U
24.8%Volume Share
Share of combined 24h volume
USDE
14.9%U
85.1%24h Performance
Price change over last 24 hours
USDE
-0.00%U
0.01%7d Performance
Price change over last 7 days
USDE
0.05%U
-0.00%Proximity to ATH
How close to all-time high (closer is better)
USDE
-3.3%U
-0.8%Liquidity Ratio
Volume to market cap ratio (higher = more liquid)
USDE
0.59%U
10.23%